By Jerry W. Markham
This finished monetary background of the us makes a speciality of the expansion and growth of banking, securities and assurance because the colonial interval. The e-book breaks down into classes of frenzied hypothesis, quiet development, panics and livid enlargement.
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Additional resources for A Financial History of the United States. (1492-1900) From Columbus to the Robber Barrons
The Corporations contained within the bounds of New England are The Colony of Rhode Island & Providence Plantations. The Colony of Conecticut. The Colony of New Plimouth. The Colony of the Massachusets Bay under which is at present comprehended The Province of Maine and New Hampshire, and other small Colonies adjoining the first claimed by Mr. Gorges, the latter by Mr. Mason. The Plantations governed by Companies residing in England, are The Colonies and Factories setled in Prince Rupert’s Land and Hudsons Bay.
Absent was a device that had greatly increased agricultural production in Europe—the iron plow. ”47 Another form of transportation was missing as well—there were no wheels to facilitate travel. No muskets existed in America before the Europeans, no cannons were present to resist the invading hordes of Europeans. ”48 Missing as well were the tall ships that could carry enough sail to deposit explorers onto the shores of a land far across a great ocean or to circumnavigate the globe. Europeans Arrive in the New World America was ripe for plucking.
It was in all respects a commercial venture promoted by London merchants, but the Virginia Company’s charter also provided for the governance of its colonies, as well as the carrying on of the affairs of the company. It was initially managed by a council of thirteen English residents appointed by the king. They in turn appointed a council in Virginia to govern on a day-to-day basis, a form of corporate democracy. In 1612, the Virginia Company’s charter was amended to allow general meetings of stockholders four times each year.
A Financial History of the United States. (1492-1900) From Columbus to the Robber Barrons by Jerry W. Markham
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